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Deal Name: 2013-K027
Apartments in Sacramento, Calif., Area Sell for $74Mln
Commercial Real Estate Direct Staff Report JRK Investors has paid $74 million, or 116,352/unit, for the 636-unit Montage Apartments in the Sacramento, Calif., suburb of Citrus Heights, Calif. The Los Angeles investment manager bought the 29-year-old property from FPA Multifamily ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
